NOT LISTED FOR SALE

1115 Point of Rocks Rd Unit 7 Sarasota, FL 34242

Estimated Value: $318,000 - $522,000

-- Bed
1 Bath
306 Sq Ft
$450/mo HOA Fee

Last Sold April 15, 2015

Last sale price $170,000 $556 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,915/month

934 Days on Market

Highlights

  • End Unit
  • Community Pool
  • Zero Lot Line
  • Phillippi Shores Elementary School Rated A
  • Landscaped with Trees
  • Central Heating and Cooling System

About This Home

As of April 2015

Income opportunity AND a little slice of heaven on Siesta Key! Beach access and community pool! No rental restrictions which makes this condo a highly desirable investment. Very well cared for complex of 8 units, cozy and quaint on the gulf side of Siesta Key. Laundry facility on site. Adorable and Affordable!

Last Agent to Sell the Property

Debbie Hering

DEBBIE HERING REALTY & ASSOC. License #0618987 Listed on: 07/06/2012

Last Buyer's Agent

Elena Jones

License #3065549

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1954

Lot Details

  • End Unit
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1 Full Bathroom
  • 306 Sq Ft Home
  • 1-Story Property
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, maintenance repairs, trash
  • Twin Palms Of Siesta Key Community
  • Twin Palms Of Siesta Key Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,521

Year Built

Built in 1954

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Repairs, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 306
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 306
  • Directions to Property: Stickney Point Bridge to south on Midnight Pass Rd. to Point of Rocks Rd-Rt. Twin Palms is about 1/2 mile down on the right side.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3962717&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3962717&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8284
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.94972
  • Price per Sq Ft: 555.56
  • Close to Original List Price Ratio: 0.94972
  • Ratio: Current Price\Building Area Total: 555.56
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1115
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1350
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5400
  • Total Monthly Fees: 450

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108174007
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 13.16
  • Future Land Use: 0402
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 1521
  • Tax Book Number: 0036/0023
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Apr 15, 2015
Sold by
Lemek Larry J
Bought by
One Srq Llc
Seller's Agent
Debbie Hering
DEBBIE HERING REALTY & ASSOC.
Buyer's Agent
Elena Jones
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$404,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,917
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Strickland Charles F and Strickland Dawn
Bought by
Lemek Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Spe #14 Llc
Bought by
Strickland Charles F and Strickland Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Judge Kenneth P and Judge Deborah L
Bought by
Spe #14 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
One Srq Llc $170,000 None Available
Lemek Larry J $189,000 Fidelity Natl Title Ins Co
Strickland Charles F $240,000 --
Spe #14 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemek Larry J $151,200
Previous Owner Strickland Charles F $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $170,000 -5.0% $556 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
07/05/2012 07/05/12 For Sale $179,000 -- $585 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,914 $312,400 -- $312,400
2023 $3,914 $309,000 $0 $309,000
2022 $2,628 $205,300 $0 $205,300
2021 $2,340 $166,400 $0 $166,400
2020 $2,280 $159,000 $0 $159,000
2019 $2,266 $160,700 $0 $160,700
2018 $2,181 $155,400 $0 $155,400
2017 $2,266 $159,400 $0 $159,400
2016 $2,150 $147,500 $0 $147,500
2015 $1,847 $129,900 $0 $129,900
2014 $1,805 $89,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3962717

Stellar MLS

APN: 0108-17-4007